I believe this question is referring to purchasing a discount on a loan's interest rate by putting more towards closing costs. For mortgages, sometimes they will allow you to "buy" a smaller interest rate. For example:
<span>Loan A has an interest rate of 4.5% and no closing costs. </span>
<span>Loan B has an interest rate of 4.375%, but has $1000 in closing costs. </span>
<span>Normally, Loan A would be the better choice if you plan on keeping the home short term, but Loan B would be more beneficial for keeping the loan long-term. I don't really care to spend the time that is necessary to come up with an actual scenario, but I hope that helps enough for you to understand the question.</span>
The fraction 5/10 is the same as 50/100 because they are equivalent. It will take 10 group of 10 to get to the denominator 100, so it will take 10 groups of 5 in the numerator to make it equal.
The answer is 50/100.
X^2 + 9 + 7 = 20
X^2 +16 = 20
X^2 = 20-16
X^2 = 4
Root 4 = 2
X=2
Hello! So Carlos' sister reads an average of 24 pages in 1 hour. He reads 144 pages in 3 hours. To find the unit rate Carlos reads, let's do some division. 144/3 is 48. Carlos reads an average of 48 pages in 1 hour. If you use mental math, 48 is double the amount of 24. 200% is just simply 2. 24 * 2 is 48. D is the only one that shows an answer that even fits for this scenario. Carlos' average reading rate is 200% of his sister's. The answer is D: 200%.
Answer:
224
Step-by-step explanation:
